Source: Previous Question Papers
Harjeet took a loan of Rs. 20,000 from a bank at the rate of 7 p.c.p.a. for 3 years. How much simple interest will he have to pay to the bank?
Options
Option A is correct
Rs. 4,200
Option B
Rs. 4,300
Option C
Rs. 4,380
Option D
Rs. 2,400